STOCKS | Longsys Forecasts 2026 First-Half Net Profit of 92 Billion to 110 Billion Yuan

Longsys said it expected net profit for the first half of 2026 to be 92 billion yuan to 110 billion yuan, up 62,204.03% to 74,393.95% year on year. According to Jin10, the company said the reporting period benefited from rising downstream demand and limited overall growth in global memory wafer capacity, which supported a favorable cycle for the global semiconductor memory industry and created a positive external environment. It also said it successfully renewed wafer supply agreements with several major global memory wafer manufacturers through LTA or MOU arrangements, helping secure memory wafer supply and strengthen its resource base for long-term development. During the reporting period, the company said it completed joint tuning with AMD, achieving a technical innovation that reduced DRAM usage by about 40% for its SSD storage agent and HLC technology supporting on-device AI products.